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Beyonce's Father Stole Money From Her, Reports Reveal

Posted Jul 12th 2011 11:25AM by Georgette Cline
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Beyonce has kept her family around her business career for quite some time, looking to her father, Mathew Knowles as manager and her mother, Tina Knowles as a stylist. However, it looks as if her dad may not have been as honest as one would expect when it came to handling the former Destiny's Child frontwoman's dealings.

In March, news broke that the multi-platinum selling entertainer cut managerial ties with Mathew Knowles. While Beyonce released a statement regarding the matter, saying "he is my father for life and I love my dad dearly," and he in turn said the decision was "mutual," skeptics believed there was more to the story.

According to TMZ, Mathew Knowles has filed legal papers that reveal why the '4' creator dismissed him from making business decisions on her behalf. Documents obtained by the tabloid website reveal that Live Nation Entertainment accused Mathew of having "stolen money from Beyonce on her most recent tour or otherwise taken funds that [he] was not entitled to."

However, he denies the claims, saying that Live Nation Entertainment wanted dibs on the 'Best Thing I Never Had' singer's 2011 world tour. As a result, he's looking to have a judge give him the right to ask for depositions from Live Nation employees regarding how they determined he "stole money" from his daughter.

Beyonce reportedly fired her father after her law firm conducted an audit and the results proved Mathew Knowles took money from her.

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Around The Web:

Matthew Knowles denies reports that he stole money from Beyonce ...

Mathew Knowles Denying he Stole Money from Daughter Beyonce | EURweb

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5 Comments

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JBella87

Hopefully this deposition will prove otherwise, since he is denying it. I hope they settle their relationship but things seemed to go sideways when it had an affair and a love child.

July 15 2011 at 9:07 AM Report abuse Permalink rate up rate down Reply

pugzy000

STARWRITERR,
YOU ARE A MORON !!! BEYONCE SELFISH??? IN CASE YOUR PARENTS DIDNT TEACH YOU THIS , I WILL......STEALING FROM ANYONE IS WRONG FATHER OR NOT!! JUST ANOTHER TYPICAL MONKEY WHO THINKS THE WORLD OWES HIM OR HER....

July 14 2011 at 1:35 PM Report abuse Permalink rate up rate down Reply

starwriterrr911

i say beyonce is selfish and when she gets hit with aterminal desease lets see who she calls first her dad not the law...
so forgive and keep him on board with a very close watch
selfish greedy ..girl thats lost her walk with God...
is now geting what she deserves lifes misery..

francesco dinardo

July 13 2011 at 11:13 AM Report abuse Permalink rate up rate down Reply

JoanM

I think Beyonce should settle with her father. l

I think Beyonce should settle with her father. He is her father and should make sure he is always taken care of. After all he help her succeed in life and gave her part of his life. I not saying he is right or wrong but she should settle and keep everyone else out of it. That is her Dad and she should always make sure he has everything he needs. Do not fight it out in court . Take the higher road because our parents are not perfect.

July 13 2011 at 12:29 AM Report abuse Permalink rate up rate down Reply

jlwilliams22

not surprising

July 12 2011 at 12:12 PM Report abuse Permalink rate up rate down Reply

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